Share market update: Bank shares up; Federal Bank climbs 4%

Share market update: Bank shares up; Federal Bank climbs 4%
ETMarkets.com
Synopsis

The Nifty Bank index was trading 0.67 per cent up at 21484.55.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

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NEW DELHI: Bank shares were trading higher in Thursday's session.

Shares of Federal Bank (up 4.42 per cent) , IndusInd Bank (up 2.31 per cent) , Axis Bank (up 1.23 per cent) , Kotak Mahindra Bank (up 1.22 per cent) , State Bank of India (up 0.68 per cent) , HDFC Bank (up 0.5 per cent) , Bank of Baroda (up 0.32 per cent) and RBLBANK (up 0.06 per cent) were among the top gainers.

The Nifty Bank index was trading 0.67 per cent up at 21484.55 around 02:29PM.

Benchmark NSE Nifty50 index was up 62.50 points at 10680.7, while the BSE Sensex was up 225.9 points at 36277.71.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of Vodafone Idea, Infosys, Federal Bank, BHEL, Wipro, Tata Motors, SBI, IDFC First Bank Ltd., YES Bank and ICICI Bank were among the most traded shares on the NSE.
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